If you are thinking about leasing your farmland to commercial solar, I want you to read this today.
What just came out at Flat Creek Solar through a lawsuit that the landowner filed against the solar company is massive.
With every solar company that shops a project, they will either file bankruptcy, be acquired, or sell the permit many times over before there's a shovel in the ground.
At Flat Creek Solar, the original solar company, SunEast, was later acquired by Cordelio Power come 2025. By April 1, 2026, Cordelio Power was acquired by Pattern Energy Group (a Canadian pension fund).
Cordelio Power "assured" those who had leased to Flat Creek Solar that this wouldn't impact any rent payments.
The landowner (plaintiff) calculated they were owed $2,179,200 by April 15, 2026 per the lease agreement.
Pattern Energy Group did not pay them that, resulting in a lawsuit filed August 18, 2026.
At the same time, the federal government is exploring national security concerns in foreign-made inverters and solar/wind supply chain equipment. Forcing foreign solar companies to buy their materials in the U.S. is going to cause more solar contract cancelations.
If you are not prepared to bring forth/fund massive litigation against multi-national corporations when they do not follow through on their fraudulent contracts, the money promised in these solar and wind deals is not the golden ticket they say it is.
Not even the $500 million dollars promised to Flat Creek Solar by
@NYSERDA could stop what just happened in Canajoharie, New York.